Old Dominion holds Yellow volume bump in Q3
Old Dominion Freight Line reported better-than-expected third-quarter results as Yellow’s departure provided a tailwind.
Old Dominion Freight Line reported better-than-expected third-quarter results as Yellow’s departure provided a tailwind.
Knight-Swift Transportation beat lowered third-quarter expectations Thursday and said the market appears close to a tipping point.
Pam Transportation Services sees truckload fundamentals weaken further during the third quarter.
Automaker Tesla’s plan to build a factory in Mexico could be delayed past 2025, CEO Elon Musk said Wednesday.
Volvo Group reported strong third-quarter results but reported slowing orders as trucking demand returns to normal.
Logistics warehouse owner Prologis on Tuesday noted some cracks in demand, which it attributed to interest-rate policy and geopolitical fears.
Logistics warehouse landlord Prologis beat expectations for the third quarter on Tuesday.
Equity research analysts are taking less-than-truckload earnings forecasts higher following the industry’s successful absorption of defunct Yellow’s freight.
Radiant Logistics is looking to deploy its unleveraged balance sheet on M&A.
J.B. Hunt provided a slightly more positive outlook at an investor conference on Wednesday.
Less-than-truckload carrier Old Dominion reported a large turnabout in operating trends during August.
Supply chain visibility provider Descartes leans on past acquisitions to grow through the downcycle.
ArcBest said Monday that shipments from its primary less-than-truckload customers have increased 20% since June.
Knight-Swift Transportation announced late Friday that its top two executives have taken a reduction in base pay amid other cost-cutting measures at the company.
Lightning eMotors has enough parts to build electric vehicles through the end of the year, but it needs new capital soon to stay in business.
Second-quarter cargo revenue at Air Canada fell 24% — not so bad in the context of global market conditions.
Electric bus and battery maker Proterra Inc. won’t fight an Aug. 17 delisting from the Nasdaq as it works on a bankruptcy reorganization plan.
Yellow Corp. released second-quarter financials Wednesday following a bankruptcy petition earlier in the week.
Atlanta-based FleetCor Technologies reported fuel transaction revenue of $399 million in the second quarter, a 6% year-over-year increase.
Hyzon Motors is willing to consider selling itself or merging to keep making progress on its fuel cell system.